NOT LISTED FOR SALE

Estimated Value: $259,000 - $319,020

6 Beds
4 Baths
3,348 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $178,000 $53 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,809/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • Level Lot
  • Covered patio or porch
  • Ceiling Fan
  • 3-minute walk to Stockton Park

About This Home

As of August 2019

Fourplex with Huge rooms, tall ceilings. 2 Story Building with over 100 years of Character. Located on the NEW...historical brick road in Lafayette. Close to downtown shops. Each unit has room a/c, kitchen appliances, and washer/dryer. Professionally drawn floorplan layouts included for each unit. Units always full, always easy to lease. Primarily grad/undergrad students, due to proximity to PU campus.

Last Agent to Sell the Property

Derrick Webb

Merit Realty - Lafayette Listed on: 05/31/2019

Last Buyer's Agent

Rahman Dorsey

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Composite Building Materials

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Carpet
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Murdock Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for lawn maintenance, maintenance, snow removal, water
  • Assessor Parcel Number 79-07-21-315-011.000-004

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,635
  • Maintenance Expense $769
  • Water Sewer Expense $1,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,190

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1901
  • Age: 118
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 50 X 128 FT PT NW SW SEC 21 TWP 23R4
  • Parcel Number ID: 79-07-21-315-011.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Available, Cable Ready, Ceiling-9+, Countertops-Laminate, Porch Covered, Water Heater Gas
  • Cross Street: 11th Street
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.28
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 2040
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3828
  • Total Finished Sq Ft: 3348
  • Above Grade Finished Sq Ft: 3348
  • Below Grade Sq Ft: 480
  • Price Per Sq Ft: 53.17
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Mixed
  • Main Level Sq Ft: 1842
  • Total Below Grade Sq Ft: 480
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Roof Material: Asphalt, Composite, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Conventional
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1635
  • Annual Maintenance Expense: 769
  • Annual Water Sewer Expense: 1620
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Lafayette
  • Elementary School: Murdock
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson
  • Elementary School: Murdock

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x128
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 2190

Multi Family

  • Gross Monthly Rent: 2040
  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

MLS Schools

  • High School: Jefferson
  • Middle School: Sunnyside/Tecumseh
  • School District: Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Aug 13, 2019
Sold by
Combs Jonathan D and Combs Rebecca J
Bought by
Lewis Brendan G
Seller's Agent
Derrick Webb
Merit Realty - Lafayette
Buyer's Agent
Rahman Dorsey
Trueblood Real Estate
List Price
$195,000
Sold Price
$178,000
Premium/Discount to List
-$17,000
-8.72%
Current Estimated Value
$265,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,650
Avg. Annual Appreciation
7.82%
Original Mortgage
$133,500
Outstanding Balance
$118,896
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$160,604
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Brendan G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Brendan G $133,500
Closed Lewis Brendan G $133,500
Previous Owner Combs Jonathan D $152,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $178,000 -8.7% $53 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $195,000 -- $58 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,256 $212,800 $13,000 $199,800
2023 $2,854 $142,700 $13,000 $129,700
2022 $2,732 $136,600 $13,000 $123,600
2021 $2,376 $118,800 $13,000 $105,800
2020 $2,376 $118,800 $13,000 $105,800
2019 $2,284 $114,200 $10,000 $104,200
2018 $2,190 $109,500 $10,000 $99,500
2017 $2,124 $106,200 $10,000 $96,200
2016 $2,152 $107,600 $10,000 $97,600
2014 $2,000 $100,000 $10,000 $90,000
2013 $1,844 $92,200 $10,000 $82,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201922330

Indiana Regional MLS

APN: 79-07-21-315-011.000-004